Marty Walsh, economic development manager of American Electric Power (AEP) Ohio, (left) and Terry Lloyd, customer services account manager of AEP Ohio (right), present Craig Gilliland, administrative director of financial support and facilities at Southern Ohio Medical Center, with a check for $100,000. The funding is part of the AEP Ohio Economic Development Rate Stabilization Plan (RSP) grant program.
The program provides financial assistance to new and existing industries for expansion projects that create new jobs, retain existing jobs and generate new investment within the AEP Ohio service territory.
The grant will be used toward the SOMC expansion project, which is set to bring an additional 200 jobs to the area within the next three years. The $100 million expansion includes a four-story patient care addition, new emergency and surgery space, lobby and entrance, and a heart care unit in preparation for open heart surgery.